US SEC concerns prompt PW to turn down deal work

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Strategic council post

Chelmsford solicitor Gay Hollebon has been appointed assistant chief executive at the borough. His role will be to manage the council’s public relations and marketing, as well as to head a new strategy and programme management unit, with the task of over-seeing the council’s long-term strategy. Hollebon has been with the council for nine years.

Corporate partner quits Addleshaws for Turners

Leading corporate partner Glenda Turner has left newly merged Manchester and Leeds firm Addleshaw Booth & Co to join Manchester firm Turner Parkinson as the fifth partner. She said: “The timing was right. Addleshaws was growing very big, which means no matter how hard the firm tries, people do not always feel informed about what […]

Discrimination claim number two hits SRT

City shipping firm Sinclair Roche & Temperley made an out-of-court settlement to a second former assistant solicitor in its property department, it has emerged. It is believed Olienka Shaw was paid around £4,000 in settlement of a claim of race discrimination last November against the head of the commercial property department Anthony Hurndall. Two weeks […]

Litigation Disciplinary Tribunals 11/03/97

John Roger Davis, 45, admitted 1977, practising at material times as Davis & Co, Barkingside, Ilford, Essex, fined £3,500 and ordered to pay £2,314 costs. Also suspended pending compliance with order of Solicitors Complaints Bureau to pay £4,060 to a former client. Allegations substantiated that he failed to comply with decision of SCB. Tribunal said […]

Scots take the high ground

When the British Legal Association gave evidence to the Royal Commission on Legal Services some 20 years ago, it suggested the establishment of solicitors property centres based on the model present in Scotland. I have never heard it suggested then, or since, that Scottish solicitors occupied a lower moral ground than those practising in England […]

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